Ion receives grant for CO2 capture plan
Last Updated: 16:06 September 25, 2013
Boulder-based Ion and partners - including the University of North Dakota's Energy and Environmental Research Center and the University of Alabama's Department of Chemical and Biological Engineering - will contribute another $4 million to the 45-month project.
Ion, founded five years ago, previously received $5 million from the DOE-FE to develop its solvent process, which removes carbon dioxide from flue gas before it enters a power plant's smokestacks and is released into the environment. Much of that work has been done over the past year at the EERC's combustion test facility and at a pilot project in Boulder.
Ion chief executive Buz Brown said the project in Nebraska will allow Ion to generate enough data in a real-world setting for the company to be able to scale up its process with a higher level of confidence.
There are multiple commercial opportunities for the carbon dioxide gathered, including chemical and energy processes as well as enhanced oil recovery, that someday could help reduce the cost of carbon capture at power plants.
"By providing an affordable path to carbon-free coal and natural gas-generated power, we can have a significant impact on reducing carbon emissions worldwide," Brown said.
In addition to the money received from the DOE-FE, Ion has received two rounds of funding from the CO2 Capture Project, a partnership of several major energy companies working to advance the technologies related to carbon dioxide capture and storage.
Brown said the project in Nebraska will occur in three phases over 45 months. The first third will be the design, cost and planning phase, followed by building and testing the capture unit, and then finally running Ion's solvent process and comparing it to industry standards.
"The results (so far at test sites) basically are superior (in cost and effectiveness) to just about everything else out there," Brown said.
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